Anthony Scaramucci to Trump: CEOs holding back spending because China tariffs are too unpredictable

Indonesia Berita Berita

Anthony Scaramucci to Trump: CEOs holding back spending because China tariffs are too unpredictable
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 CNBC
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 72%

Scaramucci to Trump: CEOs holding back spending because China tariffs are too unpredictable

, which began roughly six years ago with a focus on building rail and maritime trade routes connecting China with central Asia, Europe and Africa.

"They care less about the people on the ground than we would because they don't stand for election," said Scaramucci. "The White House should really tell people what the plan is," said Scaramucci, founder of the Skybridge Capital hedge fund. "Here's the problem: We don't know where things are going, and U.S. corporate CEOs, large and small, are slowing down business investments."saying that capital spending tumbled 5.5% in the second quarter, the worst since the fourth quarter of 2015, while personal spending rose 4.3%, the best showing in six quarters.

Economists are wondering how much longer the consumer sector, which accounts for two-thirds of economic activity, can keep carrying growth, which came in at 2.1% in the second quarter. That was down a full percentage point from the first quarter. Gross domestic product estimates for the third quarter were 1.9%, as of last week, according to theConcerns about the U.S.

down 1.8% for the week, as of Wednesday's close. The S&P 500 was off 1.6% this week ahead of Thursday's trading session.Get this delivered to your inbox, and more info about about our products and services.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

CNBC /  🏆 12. in US

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Here's a breakdown of which healthcare stakeholders are likely to be affected by Trump's China tariffsHere's a breakdown of which healthcare stakeholders are likely to be affected by Trump's China tariffsThere have been several updates to healthcare policies on Capitol Hill — here's a breakdown of which stakeholders are most likely to feel the heat:
Baca lebih lajut »

US-China trade war is hurting farmers, but they're sticking with TrumpUS-China trade war is hurting farmers, but they're sticking with TrumpRecent polls show farmers strongly support Trump, even amid rising tariffs with china. Experts say they're likely to stay on his side in 2020.
Baca lebih lajut »

A new study has confirmed that President Trump's claims about China paying for his tariff war are simply untrueA new study has confirmed that President Trump's claims about China paying for his tariff war are simply untrueAs recently as Saturday, President Trump has defended his administration's freewheeling tariff war and once more used the false claim that China is paying the penalty to defend his position.
Baca lebih lajut »

China could unleash this weapon on the financial markets to wallop the USChina could unleash this weapon on the financial markets to wallop the USTalk of China selling Treasuries to hurt tariff man may be misplaced, pros tell Yahoo Finance.
Baca lebih lajut »

China's yuan could weaken past 7.5 per dollar if Trump hikes tariffs further, strategist warnsChina's yuan could weaken past 7.5 per dollar if Trump hikes tariffs further, strategist warnsChina's yuan has received greater attention in recent days after Beijing allowed the currency to weaken past 7 per dollar for the first time since the global financial crisis.
Baca lebih lajut »



Render Time: 2025-04-02 23:14:06